Crypto Themed After Baby Hippo 'Moo Deng' Leaves Dogecoin, Shiba Inu In The Dust, Zooms 84% After Coinbase Announces Listing Plans
How did the cryptocurrency market perform before and after Trump took office?
Data shows that historically, the market performs well after presidential elections, and then enters a stagnation phase after the elected president takes office.
Nasdaq, S&P hit new highs, French stock and bond yields fluctuate and rise, Euro once fell more than 1%, Dollar rose.
On the first trading day of December, Cyber Monday shopping amounts will break records, with the Nasdaq and Chinese concept stocks rising about 1%, and the chip index leading with a 2.6% increase, while the Dow fell from its peak. Tesla soared over 4% during the day, intel rose nearly 6% before turning negative, super micro computer surged nearly 29%, and Xpeng autos climbed over 5%, but Li Auto dropped nearly 4%. The French government faces a vote of no confidence, causing French stocks to briefly fall over 1%, and the spread between French and German government bond yields approached the widest in twelve years. US henry hub natural gas fell over 4%, the indian rupee hit a new low, and the offshore yuan dropped over 400 points, falling below 7.29 yuan.
Coinbase Options Spot-On: On December 2nd, 142.09K Contracts Were Traded, With 1.29 Million Open Interest
Cashing in Crypto? Here's How to Stay on the Right Side of Tax Laws. -- Barrons.com
Top Cryptocurrencies Fall; Bitcoin Drops Below $96,000
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